1021 N 31st Ave, Nashville, TN 37209

$1,049,901
4,129
SqFt

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List Price
$1,049,901
Status
ACTIVE
Days on Market
25
Price Change
▼ $50,098 1785004003
MLS#
3260794
Subtype
Residential Income
Year Built
1930
Living Area
4,129
Subdivision
Long & Ashworth/Midway

Property Description

STOP looking for standard single-family yields and step into a high-performance, income-generating asset designed to maximize your portfolio's cash flow from day one. Located steps from the heart of the Tennessee State University campus, this massive, fully renovated 1930s brick property seamlessly blends classic character with modern, high-capacity functionality. Priced competitively this asset boasts an incredible footprint of 10 bedrooms, 4 full bathrooms, 1 half bath, 2 laundry rooms, 1 mud room and 2 fully equipped kitchens. It is optimized for a highly lucrative "Rent-by-the-Room", group home, or co-living strategy. Thanks to the brilliant layout and dual kitchens, the home offers incredible structural flexibility. A premium student housing hub, or a massive primary residence with a built-in income-generating accessory space. This asset has been updated to eliminate deferred maintenance while preserving its original 1930s soul. New Features include 400 amp electrical service, plumbling, bathroom fixtures, appliances. HVAC, Flooring and more! Brand new modern, sleek, durable finishes designed to withstand student tenancy! The home also has an unfished based and attic that could increase the usable square footage and value of the asset. (Also listed as a single family MLS #3243125)

Additional Information

Zoning
RES
Exterior Construction
Brick
Stories
2
Parking Features
Driveway, On Street
Elementary School
Park Avenue Enhanced Option
Middle School
Moses McKissack Middle
High School
Pearl Cohn Magnet High School

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Calculator source: Real Geeks

Listing courtesy of Designer Agents Realty LLC.

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